The market of NBR rebounded slightly last week (5.31-6.4). According to the monitoring of SunSirs, as of June 4, the price of NBR was 21,066 RMB/ ton, up 1.28% from 20,800 RMB/ ton at the beginning of the week.
Last week, the domestic NBR rebounded slightly, and the ex-factory price of Lanhua NBR increased slightly by 300 RMB/ ton. According to the monitoring of SunSirs, as of June 4, the ex-factory price of Lanzhou Petrochemical NBR N41E was 18,200 RMB/ ton; 3305E: 19,300 RMB/ ton; 3308E quoted 20,200 RMB/ ton. After the decline since the middle of March, the price of NBR has gradually returned to rationality. In addition, with the end of environmental supervision, the downstream construction load has slightly increased. The demand for NBR has a certain support. The ex factory price of the manufacturer has been tentatively increased, and the traders have no inventory pressure. The offer has risen slightly. According to SunSirs, the mainstream market of NBR N41 in Lanhua is about 19,400 RMB/ ton; The main stream of Russia NBR 3365 was 18,700 RMB/ ton.
Raw materials butadiene prices continue to rise. According to the monitoring of SunSirs, as of June 4, the butadiene price was 7,608 RMB/ ton, up 3.12% from 7,378 RMB/ ton at the beginning of the week.
SunSirs NBR analysts believe that the relative pressure on the supply side is not big, and the price has dropped sharply in the early stage, so it is expected that China NBR market will be stable this week.
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